Mid-Week Commentary for 12/12/2018

COMMODITIES RECENT RELATIVE PERFORMANCE UPDATE

We are seeing cash inflows outpace market inflows which means that the market is looking for a safe haven. Beating out commodities means that this could be more protectionary-related rather than economically-related from an inflationary perspective. Cash is not normally a long term hold so be sure to watch out for reversion in the short to medium term.

COMMODITIES TRENDS

Group

ETF

Name

Trend

RSI with Trend

Metals GLD SPDR Gold Trust UP 65
Metals JJC DJ-UBS Copper TR Sub-Idx ETN Ipath UP 65
Metals PPLT Platinum ETF DOWN 30
Metals PALL Palladium ETF UP 67
Energy USO US Oil DOWN 34
Energy UNG US Natural Gas Fund UP 61
Energy KOL Coal ETF Market Vectors DOWN 36
Agriculture CORN Teucrium Corn Fund ETF UP 58
Agriculture WEAT Teucrium Wheat DOWN 56 X
Agriculture JO DJ-UBS Coffee TR Sub-Idx ETN Ipath UP 27 X
Agriculture SGG DJ-UBS Sugar TR Sub-Idx ETN Ipath UP 52
Agriculture NIB DJ-UBS Cocoa TR Sub-Idx ETN Ipath DOWN 51 X
Agriculture COW DJ-UBS Livestock TR Sub-Idx ETN Ipath UP 55
Agriculture BAL DJ-UBS Cotton TR Sub-Idx ETN Ipath DOWN 38
Trade smart,

Paul "Bulldog" Hudson, Chief Investment Officer
Darwin Investing Network